Solar Panel Cost Guide in Avalon, CA (2023 Update)
- Avalon Solar Installation Cost: $5,446
- 25-Year Savings: $13,323
- Payback Period: 7.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Avalon
Let's have a look at the average cost of solar in Avalon.
While the national average of solar panels is $2.66 per watt, solar panels in Avalon typically cost around 2.73. Because a 2.9-kW system is needed to cover the energy costs of a typical home in Avalon, the average price of going solar will be about $5,446 after claiming the federal solar tax credit of 30%.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy needs, the type of equipment you choose, your solar contractor and more. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $25,000 over 20 years on utility bills.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Avalon
| Year | Return on Investment |
|---|---|
| 1 years | $-4,696 |
| 3 years | $-3,194 |
| 5 years | $-1,693 |
| 7 years | $-191 |
| 9 years | $1,310 |
| 11 years | $2,812 |
| 13 years | $4,314 |
| 15 years | $5,815 |
| 17 years | $7,317 |
| 19 years | $8,818 |
| 21 years | $10,320 |
| 23 years | $11,821 |
| 25 years | $13,323 |
Top Solar Installers in Avalon
Trying to install solar panels on your own can be a dangerous task, which is why using a solar installation company is a good option for many homeowners. Some solar installers, particularly local ones, can help you make the most of incentives in Avalon, thereby optimizing your ROI.
If you're searching for a solar installer in Avalon, the EcoWatch team has put together a list of our top suggestions here:
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
See all of the solar companies in Avalon
Factors that Affect Solar Panel Costs in Avalon
There are many criteria that can determine your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have greater efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,730. The type of solar panels and equipment you get is another factor that will largely influence costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more pricey. Further, solar equipment is more than just the solar panels themselves. You'll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels out of pocket is difficult, solar loans are an affordable choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average. However, the interest on solar loans also increases your total costs, so it's important to include that in your estimate as well. You can always bring down the total you pay in interest and sometimes even your APR by making a larger down payment.
Solar Panel Installation Company
The final major cost factor you should consider is the installer you choose. Given the massive popularity of sustainable energy solutions in Avalon, you'll have a great number of options to choose from, but each comes at different price points for labor and equipment. You may see national solar installers that have lower prices because of their bigger brand name and access to bulk prices, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.84 | $11,925 | $27,602 | 7.5 years |
| 8 kW | $2.78 | $15,594 | $37,109 | 7.4 years |
| 10 kW | $2.73 | $19,110 | $46,769 | 7.3 years |
| 12 kW | $2.68 | $22,473 | $56,581 | 7.1 years |
| 14 kW | $2.62 | $25,684 | $66,546 | 7.0 years |
| 16 kW | $2.57 | $28,741 | $76,664 | 6.8 years |
| 18 kW | $2.51 | $31,646 | $86,935 | 6.7 years |
| 20 kW | $2.46 | $34,398 | $97,359 | 6.5 years |
How to Save on Solar Panels
There are a lot of companies available in Avalon, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be tough, so here are some tips to help you decide:
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Reputation: Solar companies that have great reviews from their customers and that have been in business for many years likely offer quality solar panel installation and expertise.
- Warranty: An all-inclusive, long-term warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
- Solar Panel Brands: The kind of solar panel you need plays a role in which company you should opt for, since different companies offer different panels.
Best Regional Coverage
Momentum Solar
- Great warranty coverage
- Representatives are experts on local policies
- Concierge service ensures steady communication
- Slightly limited service offerings
Best Warranty Coverage
Sunpro Solar
- Industry-leading warranty coverage
- Expansive service area
- Some reported communication issues
- No leases or PPAs
EcoWatch's Avalon, CA Solar Cost FAQs
How much does it cost to install solar panels in Avalon?
This is a tough question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $13,650 for a 5-kW system and $27,300 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy usage. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
Cost is a key factor to consider, but whether it's the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Do solar panels increase your property value?
Solar panels can increase the value of your property by about 4%, according to research done by Zillow. The average home value in Avalon is currently $634,200, so you can look forward to a value of about $26,002 more than houses without a solar system. The exact figures will vary, but most experts agree that installing solar panels in Avalon is a fruitful investment.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.